In a move calculated to boost the electric vehicle industry, Tesla Motors CEO Elon Musk announced the company would make all of its patented technology available for use by competitors. A blog post on Tesla Motors web site offers Musk’s reasons for the move.
Earlier this week, Musk made comments foreshadowing today’s announcement.
In a press conference, Musk made it clear he was offering all of Tesla’s patents, which amount to several hundred, up for use. He also vowed to make future patents available, which he claimed would ultimately reach the thousands.
Professing frustration with the current patent system, Musk outlined a sort of gentlemen’s agreement between companies, vowing not to sue other automakers for using Tesla’s patents, but expecting similar behavior from them.
via cnet
